Regulation and Compliance
Coming Up:
Fannie Mae: FGMC Taking 'License' With Asset Sale
GSE says defunct mortgage lender trying to sell servicer/seller license that doesn't exist.
Announcements Galore at MBA Meet
FHFA, Ginnie Mae make news at association's annual conference.
Appeals Court Rules CFPB Funding Unconstitutional
Not the first time a court has ruled the bureau violates the Constitution.
Zillow Sued For Alleged Wiretapping
It’s not what you think – it involves consumers and keystrokes.
Mortgage Banker
FHA Proposes Annual Increase For Title I Manufactured Home Loan Limits
Seeking public comment on a rule that would set a methodology for regularly adjusting the limits.
Freddie Mac To Include Cash-Flow Data In Underwriting
Says industry-first capability will help lenders qualify more first-time and underserved borrowers.
Federal Agencies Announce Threshold for Smaller Loan Exemption
The 2023 threshold will involve exempting loans from special appraisal requirements for higher-priced mortgage loans.
Bank Associations Sue The CFPB Over Discrimination Regulations
The lawsuit claims the CFPB is exceeding its statutory authority outlined in the Dodd-Frank Act.
The Fed Would Rather Do Too Much Than Too Little In Inflation Fight
September meeting minutes show renewed resolve to continue tightening monetary policy.
FHA Wants Input On Smaller-Balance Mortgages
Agency seeks industry input as a starting point to encourage greater origination of small-balance mortgages for FHA insurance.